By Mauro Libi.- It is very important for all entrepreneurs to know what do they have? Who is the owner? And what will be the legacy? This information will help you to establish its assets, depends on the information on the assets, liabilities and net worth of the company. Let's take a look of these components: 1) First, the asset is constituted by assets and the organizations rights and is divided into current and non-current assets. The first part of inventories, available cash and accounts receivable and investments less than one year. And second the materials, tools, intangible assets, financial investments and permanent real estate investments more than one year. 2) Liabilities are the external financing sources of the organization. It is divided in the same way, as the asset, so the current liability is obligations with suppliers, bank loans and...
I am a Venezuelan entrepreneur and chairman of The Libi Group, which groups several companies including the Food Processing Industry, Cold & Macaracuay Service, Inproceca and Frimaca. On my blog, i write about business, entrepreneurship initiatives, market strategies and other topics.